India’s central bank may have sufficient elbow room on monetary easing should the need arise in the future, as a…
Tag: Rupee
$-Re swap gets strong demand, weakens rupee
The Reserve Bank of India’s long-term dollar-rupee buy-sell swap saw strong demand, and was oversubscribed 1.6 times, but the cut…
Standard Chartered doesn’t see rupee cross 84 even if dollar climbs
India’s rupee will not drop past the 84-per-dollar mark even if the greenback strengthens further from current levels as the…
Rupee rises 19 paise to 86.79 against US dollar in early trade
The rupee appreciated 19 paise to 86.79 against the US dollar in early trade on Thursday, as the American currency…